Trump Media shares recover after post conviction sell-off

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Donald Trump News

Hush Money,Trump Media,Social Networking Site

Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, rebounded before the opening bell Friday after former President...

of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex.

In a filing with the U.S. Securities & Exchange Commission before going public, Trump Media warned investors of the potential pitfalls faced by the former president and the adverse affect it might have on the stock. “President Donald J. Trump is the subject of numerous legal proceedings, the scope and scale of which are unprecedented for a former President of the United States and current candidate for that office.

Trump was charged with 34 counts of falsifying business records at his company in connection with an alleged scheme to hide potentially embarrassing stories about him during his 2016 Republican presidential election campaign.to silence her claims of an extramarital sexual encounter with Trump in 2006. Trump was accused of misrepresenting Cohen’s reimbursements as legal expenses to hide that they were tied to a hush money payment.

Elon Musk is fine with offering Tesla shareholders personal tours to get them to vote on his multibillion dollar pay package, but letting them listen to analysts? Now that he can't tolerate.

 

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